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Bronn takes out a fully amortizing, 5 / 1 hybrid, adjustable rate mortgage of $ 1 7 8 3 1 3 . 4 8 with
Bronn takes out a fully amortizing, hybrid, adjustable rate mortgage of $ with year maturity.
The interest rate is indexed to SOFR and the margin is
At the time of the loan origination, SOFR is ; it is expected that SOFR will be at the end of the year.
Bronn's monthly payment during the year of the mortgage equals $ per month.
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